Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Product Development and Management Course

By: LCL Coaches Consultants  

Lagos State, Nigeria

27 - 29 Aug, 2019  3 days

Follow Event

  

NGN 125,000

Delegates of Product Developement and Management Course will benefit  the following:

  • Understanding of complete product development process
  • Understand how to build products with sustainable competitive advantage
  • Learn to priorities new product ideas based on business strategic alignment, return on investments and ability to execute.
  • Deliver new product developments on time and how to manage a team (or virtual team) of project resources and multiple business units’ stakeholders
  • Learn how to conduct a detailed project financial analysis, how to develop value and market-based product pricing and how to develop product cost models and product forecasts
  • Six Broad Competencies Addressed in the Training are:
  • Identify and analyses the strategic elements of product development processes.
  • Develop a product innovation charter.
  • Apply idea generation techniques, and
  • Create and test viable product concepts using appropriate assessment techniques.
  • Assess the challenges and opportunities associated with the launch of new products
  • Propose a framework suitable for the management of a new product development process.

Contents

Day One

  • Strategy and planning: Define your strategic objectives, understand your own value position        
  • Define your market: Market size, market demand and market share        
  • Strategic market assessment: Market attractiveness and competitive advantage
  • Development options: Create or outsource, partner selection criteria, operational models             
  • Value creation and product feature selection: Customer needs and key product features identification using Kano method    
  • Market segmentation: Needs based market segmentation           
  • Competitor analysis: Industry analysis, competitor analysis, competitive advantage          

Day Two

  • Concept development and ideas screening: Idea and concept development, project screening and prioritization     
  • Feasibility study How to conduct a feasibility study           
  • High level project planning: Project resources, project management        
  • Business case: Business case structure and writing           
  • Financial analysis: Detailed project financial analysis, cost factors, revenue factors            
  • Product pricing  Value based product pricing       
  • Cost modelling and forecasting  Cost model development and product forecasting            
  • Product and business requirements: Business and product requirements documents structure and sample PRD               
  • Detailed project management plan: Project integration management, scope management, time management, cost, communications, risk, procurement, quality             

Day Three

  • Product solution definition and design:  Detailed product design including product description, marketing plan, product features, commercials, service levels          
  • Business process design Quoting and ordering process, implementation, support, billing 
  • Technical solution architecture: Functional model, data model, vendor evaluation, bench testing, ensuring design quality   
  • OSS/BSS: Architecture considerations    
  • Design tools and tips: POC, ITIL, solution architecture templates
  • Finalizing product build  Product sales and marketing guides, price sheets, product/service collateral, proposals, application forms…   
  • Technical solution build Finals processes, technical guide, OSS/BSS           
  • PRT / ORT: Product readiness testing (technical, commercial and operational)     
  • Product launch: Launch activities, presentations
  • Product lifecycle: Performance management and reporting         
  • Other tools and tips: Leadership and staff choice, portfolio planning, marketing planning and budget       
No 2 Oyefeso Avenue (road between Consolidated Hallmark Insurance and Fidson Ltd), Off Ikorodu road, Savoil Bus stop, Obanikoro, Lagos. Aug 27 - 29 Aug, 2019
NGN 125,000.00
(Convert Currency)

sina Lajorin 08033241313, 09026713101

Discount of 5% for 2 to 4 booking, 10% for 5 plus booking
Executive Coach Sina Lajorin
NST PPC Advert
Related Courses
Mastering Corporate Communication Course Mastering Corporate Communication Course

3 days, 07 - 09 Aug, 2019 

2019-08-07 12:08:00
Lagos State, Nigeria

LCL Coaches Consultants

Day One The business case for corporate communications Definition of corporate communication Corporate communication in a changing environment The new media landscape: challenges and opportunities ...

Corporate Social Responsibility Basics: Introduction To Corporate Social Responsibility Course Corporate Social Responsibility Basics: Introduction To Corporate Social Responsibility Course

5 days, 08 - 12 Jul, 2019 

2019-07-08 12:07:00
Lagos State, Nigeria

LCL Coaches Consultants

This course focuses on the concept of corporate social responsibility. It assess whether corporations ought to put more thought on the influence of the corporations activities to the society other ...

Strategic Planning, Control and Budgeting Course Strategic Planning, Control and Budgeting Course

5 days, 01 - 05 Jul, 2019 

2019-07-01 12:07:00
Lagos State, Nigeria

LCL Coaches Consultants

Today, the human mind is often absorbed in so much data, that it has difficulty processing the multitude of facts and relationships simultaneously and sometimes forgets important elements. Thus, as ...

Leadership in Transition Course Leadership in Transition Course

3 days, 15 - 17 Oct, 2019 

2019-10-15 12:10:00
Lagos State, Nigeria

LCL Coaches Consultants

The Leadership Transition aims to develop participants’ leadership capacity. Participants increase their personal understanding of leadership and then close the gap between this ...